StocksMedium•12 October 2026•
1 min read
US Futures Flat as Semiconductor Stocks Slide and Oil Prices Rebound
Key Facts
1Micron shares fell 2.1% in premarket trading following sharp declines in Samsung and SK Hynix in Seoul.
2WTI crude oil rose 1.2% to $93.00 amid ongoing geopolitical tensions regarding the Strait of Hormuz.
3CCC Intelligent shares jumped 8.3% on reports of buyout talks with GTCR and Elliott.
Micron shares fell 2.1% in premarket trading following sharp declines in Samsung and SK Hynix in Seoul. ZeroHedge reported that US equity futures remained flat as the market balanced a significant drag in the semiconductor sector against resilience in mega-cap technology stocks.
WTI crude oil rose 1.2% to $93.00 amid ongoing geopolitical tensions regarding the Strait of Hormuz. In corporate news, CCC Intelligent shares jumped 8.3% on reports of buyout talks with GTCR and Elliott. Regarding market levels, MU closed at $1029 and SKHY closed at $169.03 on October 9, 2026, while NDAQ closed at $93.65 on the same date.